Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services to businesses, professionals, and individuals in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits. The company also provides loans, such as non-farm non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, construction and land development loans, agricultural loans, farmland loans, consumer and other loans, and multifamily loans. In addition, it offers a range of consumer services, including personal and commercial credit cards, remote deposit capture, safe deposit boxes, official checks, Internet banking, automated teller machines, online bill pay, mobile banking, and lockbox services. The company operates through 27 banking facilities located in market services areas of Hammond, Baton Rouge, Lafayette, Shreveport-Bossier City, Dallas-Fort Worth-Arlington, and Waco. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item.
A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss.
(source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement

Cash Flow Statement

Balance Sheet

Liquidity Ratios

Current Ratio

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity.
ROE is sometimes called "return on net worth."

ROIC

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Equity (BVPS)

13.58

14.14

growth rate

4.1%

Avg.PE

12.47

11.68

growth rate

-6.3%

ROA

0.68

0.78

0.84

0.49

0.73

0.59

0.73

0.95

0.95

0.72

0.80

growth rate

14.7%

7.7%

-41.7%

49.0%

-19.2%

23.7%

30.1%

0.0%

-24.2%

11.1%

ROE

8.59

9.95

11.50

7.38

11.09

9.44

11.76

12.93

11.62

8.76

9.76

growth rate

15.8%

15.6%

-35.8%

50.3%

-14.9%

24.6%

10.0%

-10.1%

-24.6%

11.4%

Leverage

13.08

12.55

14.72

15.53

14.85

17.11

15.17

12.35

12.07

12.16

12.34

growth rate

-4.1%

17.3%

5.5%

-4.4%

15.2%

-11.3%

-18.6%

-2.3%

0.8%

1.5%

Balance Sheet

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Acct.Payable

1,371.84

1,295.87

1,326.18

1,549.29

1,629.62

growth rate

-5.5%

2.3%

16.8%

5.2%

Cur.Assets

63.40

45.86

25.51

48.60

136.16

growth rate

-27.7%

-44.4%

90.5%

180.2%

Total Assets

1,518.88

1,459.75

1,500.95

1,750.43

1,817.21

growth rate

-3.9%

2.8%

16.6%

3.8%

Cash

44.58

37.27

18.11

38.03

127.97

growth rate

-16.4%

-51.4%

110.0%

236.5%

Inventory

2.20

1.58

0.36

1.28

1.14

growth rate

-28.3%

-77.2%

256.8%

-11.2%

Cur.Liabilities

1,375.64

1,299.38

1,334.61

1,567.27

1,633.57

growth rate

-5.5%

2.7%

17.4%

4.2%

Liabilities

1,379.29

1,341.53

1,376.60

1,606.45

1,669.93

growth rate

-2.7%

2.6%

16.7%

4.0%

LT Debt

1.46

40.42

36.73

37.44

34.54

growth rate

2,678.1%

-9.1%

1.9%

-7.8%

Equity

100.15

118.22

124.35

143.98

147.28

growth rate

18.1%

5.2%

15.8%

2.3%

Common Shares

7.00

7.00

7.00

8.00

8.00

8.00

8.00

8.00

8.00

9.00

9.00

growth rate

0.0%

0.0%

14.3%

0.0%

0.0%

0.0%

0.0%

0.0%

12.5%

0.0%

Cash Flow Statement

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Capital Expenditures

1.67

4.40

4.11

6.81

3.79

growth rate

163.8%

-6.6%

65.8%

-44.4%

Cash Dividends

4.42

4.63

4.87

5.21

5.64

growth rate

4.8%

5.2%

7.0%

8.2%

Cash From OA

16.79

17.22

22.21

12.28

26.89

growth rate

2.5%

29.0%

-44.7%

119.1%

FCF per Share

0.74

1.93

growth rate

160.8%

FCF

19.00

1.00

15.00

16.00

15.00

15.00

15.00

13.00

18.00

5.00

23.00

growth rate

-94.7%

1,400.0%

6.7%

-6.3%

0.0%

0.0%

-13.3%

38.5%

-72.2%

360.0%

Income Statement

Dec '08

Dec '09

Dec '10

Dec '11

Dec '12

Dec '13

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Sales

48.31

52.56

54.14

57.67

60.95

growth rate

8.8%

3.0%

6.5%

5.7%

Op.Income

16.72

21.47

21.26

20.55

17.68

growth rate

28.4%

-1.0%

-3.3%

-14.0%

IBT

16.72

21.47

21.26

19.15

17.68

growth rate

28.4%

-1.0%

-9.9%

-7.7%

Net Income

11.22

14.51

14.09

11.75

14.21

growth rate

29.2%

-2.8%

-16.6%

21.0%

EPS

0.74

0.95

1.17

0.81

1.32

1.11

1.43

1.83

1.68

1.37

1.61

growth rate

28.4%

23.2%

-30.8%

63.0%

-15.9%

28.8%

28.0%

-8.2%

-18.5%

17.5%

Gross Profit

48.31

52.56

54.14

57.67

60.95

growth rate

8.8%

3.0%

6.5%

5.7%

Quarterly Statements

Item Name

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Balance Sheet

Acct.Payable

1,529.67

1,544.44

1,629.62

1,711.15

1,672.94

growth rate

1.0%

5.5%

5.0%

-2.2%

Cur.Assets

37.10

73.05

136.16

175.52

180.96

growth rate

96.9%

86.4%

28.9%

3.1%

Total Assets

1,722.81

1,752.55

1,817.21

1,907.49

1,873.44

growth rate

1.7%

3.7%

5.0%

-1.8%

Cash

27.80

63.86

127.97

166.15

170.17

growth rate

129.7%

100.4%

29.8%

2.4%

Inventory

1.23

1.16

1.14

1.12

3.73

growth rate

-5.2%

-2.0%

-1.6%

233.4%

Cur.Liabilities

1,543.05

1,571.74

1,633.57

1,735.23

1,695.91

growth rate

1.9%

3.9%

6.2%

-2.3%

Liabilities

1,581.62

1,610.21

1,669.93

1,752.91

1,714.30

growth rate

1.8%

3.7%

5.0%

-2.2%

LT Debt

35.99

35.26

34.54

14.71

14.72

growth rate

-2.0%

-2.1%

-57.4%

0.1%

Equity

141.20

142.34

147.28

154.58

159.14

growth rate

0.8%

3.5%

5.0%

3.0%

Common Shares

8.81

8.81

8.81

8.81

8.81

growth rate

0.0%

0.0%

0.0%

0.0%

Cash Flow Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Capital Expenditures

0.56

1.30

1.34

2.60

2.19

growth rate

131.3%

2.8%

94.5%

-16.0%

Cash Dividends

1.41

1.41

1.41

1.41

1.41

growth rate

0.0%

0.0%

0.0%

0.0%

Cash From OA

6.98

5.80

6.32

7.08

6.53

growth rate

-16.9%

8.8%

12.2%

-7.9%

FCF

6.42

4.50

4.98

4.48

4.34

growth rate

-29.9%

10.6%

-10.0%

-3.2%

Income Statement

Jun '18

Sep '18

Dec '18

Mar '19

Jun '19

Sales

16.46

15.32

14.44

15.11

15.71

growth rate

-6.9%

-5.7%

4.6%

4.0%

Op.Income

5.78

4.16

3.21

3.94

4.05

growth rate

-28.0%

-22.9%

22.8%

2.9%

IBT

5.78

4.16

3.21

3.94

4.05

growth rate

-28.0%

-22.9%

22.8%

2.9%

Net Income

4.60

3.40

2.62

3.13

3.21

growth rate

-26.1%

-22.9%

19.6%

2.6%

Gross Profit

16.46

15.32

14.44

15.11

15.71

growth rate

-6.9%

-5.7%

4.6%

4.0%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.